NCUA Has Change of Heart on Volunteer Reporting Requirement

Proposal was part of 5300 Call Report changes but pulled after public comment.

By Heather Anderson|November 29, 2012 at 11:39 AM

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The NCUA told Credit Union Times on Thursday that it has scrapped a proposal that would require credit unions to report the original appointment or election date of directors, a move that could have created bad publicity for those with long-tenured board members.